1. Why Aren't the Banks Getting Loans Instead of Handouts?
... . The reason the press doesn't give you the answer is that the answer is a well known cure for insomnia. Up late? Read on! When most business people think of banks, they think of business in a linear fashion. Product or service costs X dollars and after mark-up, consumers buy the product for Y amount. It's easy to mistake banks as falling into the same category ... they ding you for using outside ATM machines, monthly service fees, multiple fee fees, and etc. The list goes on. The truth of banking, however is that banks are not in business to service accounts. They are in business to loa...
- Word Count: 578
- Approx Pages: 2
- Grade Level: High School